06-14-2005, 04:43 AM
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 Re: Depreciation & AMT Question "nadr" <nadr[at]lebanon.ifo> wrote: - quote - > If you could not take a depreciation deduction on your
There should have been a sepate computation of AMT> investment property because of AMT, do you still reduce your > cost basis by that amount or you freeze your cost basis. > Any ideas? depreciation, which is generally a longer life and a straight line method. So in short, you have 2 depreciation schedules. And the depreciation occurs every year for each. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
06-06-2005, 08:42 AM
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| Depreciation & AMT Question If you could not take a depreciation deduction on your investment property because of AMT, do you still reduce your cost basis by that amount or you freeze your cost basis. Any ideas? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| amt, depreciation, question |
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